NuScale Power Stock Surges on SMR Sector Momentum Hits $720M Volume Ranking 160th in U.S. Liquidity

On October 2, 2025, NuScale Power (SMR) surged 7.92% to close at a new session high, driven by a 49.56% jump in trading volume to $720 million, ranking it 160th among U.S. equities by liquidity. The stock’s performance coincided with renewed investor focus on small modular reactor (SMR) sector dynamics following recent regulatory updates and infrastructure funding announcements.

Market participants highlighted NuScale’s strategic positioning in the energy transition narrative, with analysts noting the company’s progress in licensing and plant design optimization. While no direct corporate announcements were reported, sector-wide momentum from government policy signals and energy price volatility contributed to elevated trading interest. The stock’s volume surge exceeded its 30-day average by over 3.5x, indicating strong short-term speculative positioning.

The back-testing analysis confirms a cross-sectional strategy framework: daily ranking of tradable stocks, equal-weighted portfolios of top 500 volume names, daily rebalancing, and return calculation from January 3, 2022, to October 2, 2025. Implementation requires either pre-computed ticker lists or universe constraints (e.g., S&P 500 constituents). The system currently supports single-ticker evaluation, necessitating synthetic index creation for full strategy execution.